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Gold Won't Save You From Hyperinflation According To A New Study
TBI - American Enterprise Institute ^
| 1-24-2013
| James Pethokoukis
Posted on 01/24/2013 6:03:55 PM PST by blam
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1
posted on
01/24/2013 6:04:06 PM PST
by
blam
To: blam
OK then, silver it is.
(and bullets and beans)
To: blam
What will save you from hyperinflation is weapons and ammo. And being able to create something--anything--that can be bartered.
Barter is a currency that is oblivious to inflation. Bartered goods are worth whatever they are worth...they are the currency.
To: blam
Well, gold will always be worth something....fiat paper, not so much.
4
posted on
01/24/2013 6:12:42 PM PST
by
45semi
(A police state is always preceded by a nanny state...)
To: blam
Gold and silver are not investments. They are hedges.
5
posted on
01/24/2013 6:13:22 PM PST
by
Lurker
(Violence is rarely the answer. But when it is it is the only answer.)
To: RoosterRedux
And durable clothes and enough food to,get through the crisis.
6
posted on
01/24/2013 6:14:55 PM PST
by
Jonty30
(What Islam and secularism have in common is that they are both death cults.)
To: blam
Look at be Y axis. Gold over CPI. The CPI is a politicized statistic, and it does not adequately assess the rise in staples such as food and energy.
7
posted on
01/24/2013 6:19:23 PM PST
by
grumpygresh
(Democrats delenda est.)
To: Jonty30
I have thousands of rounds of 22 LR...and an abundant supply of friendly squirrels (who I fed for five years). I can feed a small army. I also have fire and water.
Down to the basics...but ready for what is coming next.
If I only had enough toilet paper? Guess one can't have everything.;-)
To: blam
someone was in a bit of a hurry and miss titled the top quadrants of their graph - the labels say '1nd Quadrant' and '2st Quadrant.'
What other errors have they committed in this? Are they hoping to slow the rush to gold, so there is more for them?
No matter what they say, when our dollar goes into the abyss, if you have a storehouse of gold that can be sold, someone will pay for it - with whatever currency (of greater value) is demanded.
9
posted on
01/24/2013 6:29:12 PM PST
by
Ron C.
To: 45semi
Being physically fit is worth a huge amount...at any age. It can mean the difference between life and death...for many.
Get fit...start by walking...and then add some running into the mix. Lift some weights!
To: RoosterRedux
Get yourself three sea shells. :)
11
posted on
01/24/2013 6:30:44 PM PST
by
Jonty30
(What Islam and secularism have in common is that they are both death cults.)
To: blam
FMJ lead is worth so much more than gold or silver.
To: blam
In a SHTF scenario these anti gold fools will be dancing like little circus dogs for a little piece of my gold.
13
posted on
01/24/2013 6:34:15 PM PST
by
central_va
( I won't be reconstructed and I do not give a damn.)
To: Jonty30
Yow! Sounds scratchy.
But I'll try anything from a good source.;-)
To: RoosterRedux
OMG! I didnt know you could see me thru the computer!
.
.
.
.
j/k!
15
posted on
01/24/2013 6:35:21 PM PST
by
45semi
(A police state is always preceded by a nanny state...)
To: RoosterRedux
get a bidet or a bidet toilet seat. no toilet paper needed.
To: 45semi
Hey, I have been goofing off for the last six months. Just started running again...and using the weights (and push ups and struggling pull-ups).
I hope the revolution is at least six month away.
I hope you can't see me thru the computer.;-)
That said, I just got a new Glock 26 and have a Windham Weaponry AR-15 on order.
I was a sorry Boy Scout...but this time I am going to "be prepared."
FUBO and God bless our Constitution! And God bless America!
To: 1malumprohibitum
Heheh...or just down-stream a ways.
To: 45semi
Ha, an ounce of Gold from 100 years ago is worth an ounce of Gold today.
A paper dollar from 100 years ago is worth at least 20 times what a current paper dollar is worth.
This country should dump the Federal Reserve and go back to a gold or commodity based standard, it would solve so many problems.
To: blam
These types of studies are useless. Gold is simply meant to replace paper as the main asset in your holdings. Converting paper to gold allows one to "buy back in" after the Greenback is a distant memory.
Gold can't protect you from hyper inflation because it is meant to...when used properly. At some point, gold is replaced by whatever paper money replaces the US dollar. It's asset protection. Not inflation protection.
20
posted on
01/24/2013 7:10:40 PM PST
by
Bloody Sam Roberts
(Here once the embattled farmers stood... And fired the shot heard round the world.)
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